Will we see a break up or down?
Note
Note
Breakout to the upside has pierced the 0.5 FibbNote
We may see it come down to bottom of the inside of triangle before moving upNote
I've redrawn the triangle with slightly different extents, as the "breakout" I think redrew the triangle. OXT seems to be trying to break out of the top of the triangle still, but may now go to bottom.Note
Kissed off the bottom of the triangle lets see what happens...Note
You can see it tried half a dozen times at the top of the triangle; it has not been doing this for days, just one time up and then down hard.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.